In-the-Money Options definition

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2021 over the exercise price of the options.

In-the-Money Options means the excess of the market value of the Company’s shares at the Company’s most recently completed financial year end on December 31, 2017 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 31, 2017 was C$0.085.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2013 over the exercise price of the options. The trading price of the Company’s shares on the TSX-V on December 31, 2013 was $0.08.

Examples of In-the-Money Options in a sentence

• If the In-the-Money Options are registered in the name of more than one owner (for example, joint ownership, trustees, executors, etc.), then all those registered should sign this proxy.

• The In-the-Money Options represented by this proxy will be voted or withheld from voting, in accordance with the instructions of the holder, on any ballot that may be called for and, if the holder has specified a choice with respect to any matter to be acted on, the In-the-Money Options will be voted accordingly.

• Xxxxxxx owns options to purchase 37,500 shares of Common Stock (the "In-the-Money Options") and options to purchase 25,000 shares of Common Stock (the "Out-of-the-Money Options", which together with the In-the-Money-Option, shall be referred to in this Agreement collectively as "William's Stock Options"), in each case subject to adjustment as provided in Section 6.11 below.

• Unexercised In-the-Money Options is the difference between the closing price per share of $3.00 at December 31, 1998, and the exercise price per share multiplied by the number of shares subject to options.

• To the extent that amounts are so withheld by Holdco and timely remitted to the appropriate taxing authority, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the Company Common Stock, Company Vested In-the-Money Options, SPAC Common Stock or SPAC Warrants (or intended recipients of compensatory payments) in respect of which such deduction and withholding was made by Holdco.

More Definitions of In-the-Money Options

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2014 over the exercise price of the options. The market price for the Company’s common shares on December 31, 2014 was $0.47.

In-the-Money Options means the excess of the market value of the Company’s common shares on September 30, 2015 over the exercise price of the options. The market price for the Company’s common shares on September 30, 2015 was $0.16.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2018 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 31, 2018 was $0.115.

In-the-Money Options means the excess of the market value of the Company’s shares on April 30, 2023 over the exercise price of the options. The market value of the Company’s common shares on April 30, 2023 was $0.18. No value has been given to unexercised options that were out of-the money on April 30, 2023.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2021 over the exercise price of the options that have vested at such date. The market price for the Company’s common shares on December 31, 2021 was $1.60.

In-the-Money Options means the unexercised, validly issued, unexpired Company Options or portions of Company Options that are outstanding immediately prior to the Effective Time and that have an exercise price that is less than the Common Per Share Consideration.

In-the-Money Options means the excess of the market value of the Company’s shares on October 31, 2017 over the exercise price of the options. The market price for the Company’s common shares on October 31, 2017 was $0.350.